LeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a halt to its growth spurt of the past few years, with 2017 Revenues declining by 14% to £60.9 million (USD $81.8 million). However a best set of cost controls helped the company turn around its small…
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As was exclusively reported by LeapRate over the summer months, some of the recent changes at fast-growing FCA regulated FX broker GKFX have included the hiring of Rod Martenstyn from Core Spreads as CFO, and the appointment of former Saxo Bank UK Chairman and FxPro board member Nick Beecroft as an independent board member and Chairman.…
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LeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a fairly impressive growth spurt, and - having raised an additional $15 million earlier this year - seems poised for more. GKFX reported that Revenues for the 16 month period September 2015 through December 2016 came…
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LeapRate Exclusive... LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional £12 million (USD $15.5 million), to help fund the company's continued growth push in both the Retail and Institutional FX sectors. The current fundraising, injected into the company by controlling shareholder Kasim Garipoglu…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex and CFDs broker GKFX has raised £6.54 million (USD $8 million) in a series of transactions during the months of September and October. The money, most of which was formally raised late last week, was invested into GKFX by controlling shareholder Kasim Garipoglu, a 31-year-old Turkish investor…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated broker GKFX has made a change in senior management, with Managing Director Jacob Plattner leaving the company in favor of hiring Joe Rundle (pictured at left) for the position. LeapRate had reported exclusively at the beginning of the summer that Rundle had left ETX Capital (as Head of Trading)…
Read moreLeapRate Exclusive... LeapRate has learned that Fadi Alkhatib has joined retail forex broker GKFX, to head GKFX's Dubai office and its business generally in the Middle East region. Alkhatib joins from Abu-Dhabi based ADS Securities, where he was VP Sales the past two and a half years. Before his stint at ADS, Alkhatib also worked in senior…
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